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MGP Ingredients (MGPI)
NASDAQ:MGPI
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MGPI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$45.44 - $102.42
Previous Close$50.81
Volume387.30K
Average Volume (3M)371.60K
Market Cap
$1.12B
Enterprise Value$1.39B
Total Cash (Recent Filing)$20.77M
Total Debt (Recent Filing)$301.66M
Price to Earnings (P/E)10.5
Beta0.62
Next Earnings
Feb 20, 2025EPS Estimate
$1.5Last Dividend Ex-Date
Nov 15, 2024Dividend Yield0.93%
Share Statistics
EPS (TTM)4.82
Shares Outstanding21,953,283
10 Day Avg. Volume788,944
30 Day Avg. Volume371,603
Standard Deviation0.12
R-Squared0.08
Alpha0.00252
Financial Highlights & Ratios
Price to Book (P/B)1.21
Price to Sales (P/S)1.51
Price to Cash Flow (P/CF)6.40
P/FCF Ratio11.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.89
Enterprise Value/Gross Profit4.58
Enterprise Value/Ebitda12.07
Forecast
1Y Price Target
$57.00Price Target Upside12.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
MGP Ingredients News
Bulls Say, Bears Say
Bulls Say
Acquisition SuccessThe Penelope acquisition appears to have been a success, helping offset softness in other areas.
Sales And Profit GrowthMGPI is a bright spot in a dim spirits backdrop given its high-level of sales visibility & strong profit growth in an environment where larger operators are seeing declines.
Stable Business PerformanceMGP has again proved it has a much more stable business than feared, with Brown Goods sales up 3% in the quarter and Branded Spirits revenue up 11%.
Bears Say
Financial PerformanceMGPI prelim. 3Q results were well-below expectations and the company lowered 2024 guidance.
Market SentimentShares are deservedly getting smoked, down 20% aftermarket, and analyst downgrades to Hold on the breadth of the weakness.
Revenue DeclineThe Brown Goods segment experienced a 22% year-over-year decline in pricing and volume, affecting MGP Ingredients' stock price.
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Ownership Overview
25.72% Insiders
29.79% Mutual Funds
16.59% Other Institutional Investors
12.94% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MGPI FAQ
What was MGP Ingredients’s price range in the past 12 months?
MGP Ingredients lowest stock price was $45.44 and its highest was $102.42 in the past 12 months.
What is MGP Ingredients’s market cap?
Currently, no data Available
When is MGP Ingredients’s upcoming earnings report date?
MGP Ingredients’s upcoming earnings report date is Feb 20, 2025 which is in 97 days.
How were MGP Ingredients’s earnings last quarter?
MGP Ingredients released its earnings results on Oct 31, 2024. The company reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.252 by $0.038.
Is MGP Ingredients overvalued?
According to Wall Street analysts MGP Ingredients’s price is currently Undervalued.
Does MGP Ingredients pay dividends?
MGP Ingredients pays a Quarterly dividend of $0.12 which represents an annual dividend yield of 0.93%. See more information on MGP Ingredients dividends here
What is MGP Ingredients’s EPS estimate?
MGP Ingredients’s EPS estimate is $1.5.
How many shares outstanding does MGP Ingredients have?
MGP Ingredients has 21,953,283 shares outstanding.
What happened to MGP Ingredients’s price movement after its last earnings report?
MGP Ingredients reported an EPS of $1.29 in its last earnings report, beating expectations of $1.252. Following the earnings report the stock price went down -14.687%.
Which hedge fund is a major shareholder of MGP Ingredients?
Among the largest hedge funds holding MGP Ingredients’s share is Southernsun Asset Management, Llc. It holds MGP Ingredients’s shares valued at 53M.
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MGP Ingredients Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$57.00 (12.78% Upside)
$57.00 (12.78% Upside)
Blogger Sentiment
Bullish
MGPI Sentiment 66%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 421.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $251.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.8%
Last 30 Days ▲ 39.6%
Last 30 Days ▲ 39.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-46.13%
12-Months-Change
Fundamentals
Return on Equity
12.29%
Trailing 12-Months
Asset Growth
5.43%
Trailing 12-Months
Company Description
MGP Ingredients
MGP Ingredients, Inc. engages in the manufacture and trade of food, beverage, specialty wheat protein, and starch food ingredients. It operates through the following segments: Distillery Products and Ingredient Solutions. The Distillery Products segment consists of food grade alcohol and distillery co-products, such as distillers feed and fuel grade alcohol. This segment also includes warehouse services, including barrel put away, barrel storage, and barrel retrieval services. The Ingredient Solutions segment consists of specialty starches and proteins and commodity starches and proteins. The company was founded by Cloud L. Cray in 1941 and is headquartered in Atchison, KS.
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MGPI Earnings Call
Q3 2024
0:00 / 0:00
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MGPI Stock 12 Month Forecast
Average Price Target
$57.00
▲(12.78% Upside)
Technical Analysis
Best Analysts Covering MGPI
1 Year
1 Year Success Rate
9/22 ratings generated profit
1 Year Average Return
+0.06%
reiterated a buy rating 4 days ago
Copying Bill Chappell's trades and holding each position for 1 Year would result in 40.91% of your transactions generating a profit, with an average return of +0.06% per trade.
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